PDVSA to Complete Tomoporo Development Plan This Year

Venezuela's state oil company PDVSA could finish its development plan for the Tomoporo field in August-September, company exploration executive director Rodolfo Colmenares told BNamericas on the sidelines of the Latin Upstream conference in Rio de Janeiro.

There could be as many as 30-40 wells drilled on the field, each of which would produce 3,000-4,000 barrels a day (b/d), Colmenares said, up to 160,000b/d. According to previous reports, PDVSA plans to produce 250,000b/d from Tomoporo by 2008.

Tomoporo has been previously described as the jewel in Venezuela's crown, and while as recently as a year ago there were hopes that the private sector could be invited to develop the field, PDVSA has since decided to go it alone.

The field is in Trujillo state in the west of the country and produced 100,000b/d before the 2002-2003 oil sector strike.